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20121226
20121226
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roberts. topping the agenda today president obama mays malalo to hawaii and aloha to washington, d.c. heading back and we're now six days and counting until the country sees the business end of the economic brink and taxes going up for all americans. so far, there's been no call for the house to get back to the hill. senators return to the capitol tomorrow. the question remains krks the president join congress and surf the rough political waters to get a deal in time? >> i think he's doing all he can and calving hell at the same time and there's give, give. i think it's very, very difficult, particularly after boehner's plan "b" failed. >> the key issue i think and the american people are catching on is that the problem that we have is we have a right wing political figure in the house way, way, way out of touch of what the american people are thinking. >>> there's early economic sinls that the uncertainty over the cliff may have clayed the role of scrooge this holiday season. early holiday numbers point to the worst year to year growth since 2008. >>> i think the president is stew
back to washington, d.c.? maybe for a vote. are they going to be able to? >> that's a big question and it's unknown. this is a big storm and it hasn't even had the full impact in d.c. and new york. and it's going to get a lot worse before it gets better. like you said, there's winds that are looking like 40, 50 miles an hour hitting new york soon and they're seeing tremendous delays. the good news is this isn't the kind of storm that leaves multiple feet of snow and blankets runways and ice. we don't see days and days of cancelingations like past winter storms. some of the delays that they're experiencing in the northeast are just a cascading delay from indianapolis, chicago, dallas. the brunt of the storm hasn't hit the northeast yet. >> chicago, newark, houston, but the effects are -- can be across the whole united states, right? >> that's right. it's going to hit around the evening rush in new york and then continue on for the evening. so there's already been 2400 flights that have arrived over 15 minutes late. over 1,045 minutes late. that's cascading more delays through the da
at that busy rationality and effectiveness reemerge from washington, d.c., on the fiscal cliff? >> zero. lou: i thought that. >> if we can keep the current tax rates, we would continue to increase government revenue. increasing 26% under the bush tax rates over the last two years. over the last two years, government revenues have risen 26%, almost a quarter using the buss tax rates. low tax rates bring more revenues, not less revenues. lou: do you interpret all of the drama to be a lack of faith? in front of the growth model that has been demonstrated, as you point out, over the past two years. they are really saying the economy cannot grow fast enough to support the government. we will not see revenue increase unless we raise taxes. >> that is correct. the pre-verse thing is you don't get growth if you raise tax rates. in california and several other states that topate is approaching 50% effectively with a 50% top rate, a business have as much incentive to fire somebody to lower-cost as to hire somebody to increase revenues. lou: it is a high risk experiment, but nonetheless experiment bringin
well in the state of washington. north dakota. excellent, now in nevada. and our people are in the right places and doing the things to become a delegate. it's way too soon to write anybody off. just because somebody is in second or third place, there's a race going on. what if mitt romney isn't the best person? >> people have tried to portray you as a kind of ruthless money machine who some failed, some succeeded, you didn't care, you still got your fee, or you made a ton of money but actually quite a few of the companies that made, a lot of people lost their jobs, their livelihoods and lost money. to me the key question is do you know instinctively from your recollections how many of those companies that you went into would have failed anyway if you hadn't? >> well, there's no question but that a number of places where we went in and invested, we were investing in an enterprise that was in trouble, that -- where the future was very much in doubt for it and we invested in one busy think it lost 50 or $60 or more million the year before we invested and a lot of people di
to washington. our chief political correspondent, john harwood, is with us. john, this feels very much like it might be the calm before the storm in more way than one. >> it could be if we go over the cliff and the storm would be generated by the markets and the loss of confidence in american governance and the american economy, but that's not necessarily going to be the case. we still have a few days left. a white house official told me that there have been no progress over the last couple of days, but an aide to senator harry reid told me there's still a 50/50 chance we get a mini deal that would put off the effects of the cliff at least temporarily and a 50/50 chance of that happening before january 1st. so even though there's a small number of days, sometimes the urgency of a deadline forces lawmakers to overcome differences they can't overcome otherwise. >> remind us, john, a mini deal is composed in the senate but still has to pass through house republicans and boehner or not? >> yes. and the question about the mini deal would be, what we're talking about, just to make clear for our v
an hour, it's the winds. whether we see winds in washington or new york already slowing down travel tonight, they won't see the snow accumulation. it's the winds with this system that's a big deal. indy gusts to almost 40 miles per hour. roanoke, virginia to dchicago. we're talking a big geography in terms of the impacts of it. here's where the blizzard warnings are in. that's for 6 to 12 inches of snow coupled with winds at 40, 50 miles per hour making it difficult to see and visibility is down near zero. that's kind of the blizzard warning scenario. there's the blizzard warning. you can see that in areas of indiana and illinois and moving into ohio. these in the pink are winter weather warnings, so we'll see that. here's the snow. 12 inches at the very least, and in upstate new york, suzanne, we will see at least 12 inches of snow. so the timing in and around western new york, we see the snow tonight to tomorrow. i know you travel a lot, and it's those big cities in and around new york and new jersey and washington, big-time travel delays at the airports. already canceling hundred
, to be proud of. >> my grandmother on a farm from washington had no electricity an outhouse and she watched the first run to the moon. >> i hope that happens some day. >> it has been 40 years since we left the moon. mes of the apollo astronauts. the roar kiss wanz role. the space program has continued. technology of the space shuttle mars rover. human accomplishment to apollo or capture the imagination of younger americans. edward our nation mal ket. she has to kurn his car. we can learn agnew the lesson apollo showed us. if we america set our sight on a goal and sum monday the fill to goal and sum monday the fill to aleve it, even the sty [ woman ] ring. ring. progresso. your soups are so awesomely delicious my husband and i can't stop eating 'em! what's...that... on your head? can curlers! tomato basil, potato with bacon... we've got a lot of empty cans. [ male announcer ] progresso. you gotta taste this soup. gives you 1% cash back on all purchases, plus a 50% annual bonus. and everyone...but her likes 50% more cash. but i'm upping my game. do you want a candy cane? yes! do you want the
will be destroyed. david? >> lines as far as the eye can see. thank you. >>> and in washington tonight, president obama is cutting his christmas vacation short to try to cut a deal as that fiscal cliff nears. now just six days until higher taxes for all americans. and tonight, a white house official is placing the burden of not getting a deal on leaders of congress. one official saying the hits from our economy are not coming from outside factors, they're coming from congressional stupidity. some members of congress do return tomorrow. these comments come just as barbara walters prepares for her "nightline" special tonight. her sitdown at the white house with the president and the first lady. tonight here, some rare personal questions answered about their own relationship and their girls. one of whom just got her first cell phone. >> reporter: i want to talk a bit about the girls. we have been rawatching them gr up from little girls to young ladies. now, malia recently got her first cell phone. do you monitor it? and see who she calls or who she texts? >> i give my daughter at this age, i give he
of sandy hook elementary finally cattle kizes our nation and our leaders in washington to commit to do something substantive regarding gun roll and access to mental health care services to those who desperately need it. we'll be right back. what?! it's not bad for you. it just tastes that way. [ female announcer ] honey nut cheerios cereal -- heart-healthy, whole grain oats. you can't go wrong loving it. constipated? yeah. mm. some laxatives like dulcolax can cause cramps. but phillips' caplets don't. they have magnesium. for effective relief of occasional constipation. thanks. [ phillips' lady ] live the regular life. phillips'. a body at rest tends to stay at rest... while a body in motion tends to stay in motion. staying active can actually ease arthritis symptoms. but if you have arthritis, staying active can be difficult. prescription celebrex can help relieve arthritis pain so your body can stay in motion. because just one 200mg celebrex a day can provide 24 hour relief for many with arthritis pain and inflammation. plus, in clinical studies, celebrex is proven to improve daily p
Search Results 0 to 8 of about 9

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